A body has been recovered from the sea off Ryde this afternoon (Monday), Isle of Wight Radio understands.
It's understood the discovery has been made near to Ryde Pier.
Emergency services are at the incident, which is ongoing.
A HM Coastguard spokesperson said:
"At 10.50am this morning, HM Coastguard received a report of an incident off Ryde Pier (about one and a bit nautical miles off Ryde Pier).
"The HM Coastguard search and rescue helicopter from Lee-on-Solent was sent, as well as the Gosport ILB Lifeboat and Hillhead Coastguard Rescue Team."
We've asked Hampshire Constabulary for a comment.
Last week rescue teams were involved in a large scale search for a missing jet-skier.
The search was called off on Wednesday (5).